Suzlon Delivers Robust Annual Performance - PBT Jumps 67%, Revenue Up 54% y-o-y

Suzlon Group has delivered a strong consolidated performance for both the fourth quarter (Q4 FY26) and the full financial year ending March 31, 2026. The company registered significant growth in its operational volumes and top-line revenue, driven by robust execution in the wind energy sector.

Operational Volumes and Top-Line Growth

Suzlon's net operational volumes witnessed a sharp increase, climbing to 830 MW in Q4 FY26 from 617 MW in the preceding quarter and 573 MW in the corresponding quarter of the previous year. For the full year, volumes surged by 58.5% to 2,456 MW compared to 1,550 MW in FY25.

This operational momentum pushed revenue from operations to ₹5,468 Crores in Q4 FY26, up from ₹4,228 Crores in Q3 FY26 and ₹3,774 Crores in Q4 FY25. Total revenue for FY26 reached ₹16,679 Crores, marking a 53.7% growth over the ₹10,851 Crores recorded in FY25.

Profitability and Margins

Operating profit (EBITDA) for the quarter stood at ₹964 Crores, reflecting growth over the ₹739 Crores in Q3 FY26 and ₹693 Crores in Q4 FY25. The quarterly EBITDA margin was stable at 17.6%. On a full-year basis, EBITDA rose 62.7% to ₹3,022 Crores from ₹1,857 Crores in FY25, with the annual EBITDA margin expanding by 100 basis points to 18.1%.

Net finance costs for the quarter were ₹108 Crores, bringing the full-year finance cost to ₹352 Crores, compared to ₹151 Crores in FY25.

Profit Before Tax (PBT) for Q4 FY26 rose to ₹833 Crores, up from ₹567 Crores in the previous quarter and ₹551 Crores in Q4 FY25. Total PBT for the full year reached ₹2,422 Crores, up from ₹1,447 Crores in the prior fiscal year.

Net Profit Trends

Suzlon recorded a Net Profit After Tax (PAT) of ₹1,114 Crores for Q4 FY26, showing a strong sequential increase from ₹445 Crores in Q3 FY26, compared to ₹1,181 Crores in Q4 FY25. For the full financial year, Net PAT crossed the ₹3,000 Crore milestone to close at ₹3,163 Crores, a substantial increase from the ₹2,072 Crores delivered in FY25.

Girish Tanti, Vice Chairman, Suzlon Group, said, "The world has entered the age of electricity where energy security is accelerating the shift towards renewables driven by domestic energy availability. At the same time, India is witnessing strong peak power demand growth, increasing the strategic importance of wind energy in enabling reliable FDRE solutions. In alignment with these structural shifts, we have significantly strengthened our financial position to prepare for the next phase of growth. Our flagship S144 platform has already achieved ~9GW of cumulative order intake and the WTG business has delivered 55% CAGR growth over the last three years. Together, these factors position Suzlon strongly to capitalize on the large market opportunity ahead."

Ajay Kapur, Chief Executive Officer, Suzlon Group, said, "We are happy to deliver highest-ever India annual deliveries at ~2.5 GW in FY26, reflecting strong execution across the business. Our healthy orderbook of ~5.9 GW with 66% coming from PSU and C&I segment, we continue to see strong demand for wind energy solutions. Our current orderbook provides strong revenue visibility with execution ramp up expected over the next few quarters."

Rahul Jain, Chief Financial Officer, Suzlon Group, said, "Our strong balance sheet and consistent quarterly performance continue to reinforce stakeholder and market confidence in Suzlon's growth journey. In FY26, we delivered a 67% growth in Profit Before Tax while maintaining a healthy cash position of ₹ 2,384 Cr as of 31st March 2026. This strong financial position provides us with adequate flexibility to confidently pursue our growth journey."

Shares of Suzlon Energy Limited was last trading in BSE at Rs. 53.88 as compared to the previous close of Rs. 53.78. The total number of shares traded during the day was 9888972 in over 25054 trades.

The stock hit an intraday high of Rs. 54.89 and intraday low of 53.09. The net turnover during the day was Rs. 536248036.00.

Source : Equity Bulls

Keywords

SuzlonEnergy INE040H01021 HeavyElectricalEquipment Q4FY26 Q4FY2026 FY26 FY2026 ResultUpdate